Complex Ownership Structures and Corporate Valuations /

The bulk of corporate governance theory examines the agency problems that arise from two extreme ownership structures: 100 percent small shareholders or one large, controlling owner combined with small shareholders. In this paper, we question the empirical validity of this dichotomy. In fact, one-th...

Полное описание

Библиографические подробности
Главный автор: Laeven, Luc
Другие авторы: Levine, Ross
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2007.
Серии:IMF Working Papers; Working Paper ; No. 2007/140
Online-ссылка:Full text available on IMF